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Aerospace and Defense
Avionics Market Size, Share and Growth Analysis Report - Forecast Trends and Outlook (2026-2035)
Historical and Forecast Market Trends 2019-35
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The global avionics market value reached around USD 80.19 Billion in 2025. The market is further projected for steady growth over the forecast period of 2026-2035 at a CAGR of 4.50% to reach value of around USD 124.53 Billion by 2035.
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The company designs and manufactures military equipment like submarines and fighter jets, providing advanced technology solutions globally.
Avionics Market
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2025, the global market attained a value of nearly USD 80.19 Billion.
The market is estimated to grow at a CAGR of 4.50% between 2026 and 2035.
The market is broken down into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.
The major drivers of the market include the rising expenditure in commercial aviation, increasing incorporation of aircrafts in the military sector, and growing expansion of the aircraft aftermarket.
Technological advancements in the military and defence industry are likely to be the key trends in the market.
The market is categorised according to the end use, which includes OEM and Aftermarket.
Based on the system, the market is divided into hardware and software.
Based on the platform, the market is divided into commercial aviation, business jets and general aviation, military aviation, and helicopters.
The market key players are BAE Systems plc, CCX Technologies, Safran Group, Curtiss-Wright Corporation, and Garmin Ltd, among others.
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